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Ninja Foodi OL500 6.5-Qt Pressure Cooker Steam Fryer with SmartLid: problems, parts and running costs

Checked: 2026-10-08

Summary

The main caution signals are a silicone sealing ring that must be seated properly to pressurize, a heavy 24 lb body with a lid that gets in the way, and a sparse included manual. Running cost is electricity plus an occasional silicone ring, with no consumable lock-in. It is strong value at $150 or less, reasonable from $151 to $200, and weak above $250.

Common problems and fixes

Parts and consumables

Yearly running cost

Not enough data.

When it is a good buy

At $150 or less it is strong value for a single-lid multi-cooker with 13 or 14 functions. From $151 to $200 it is reasonable if several functions will be used regularly. From $201 to $250 it is fair to weak, and above $250 it is weak unless the SmartLid design and SteamCrisp cooking are specifically wanted. Consumer Reports listed the OL501 at $250 at the time of its test. [4]

Alternatives: Ninja’s own 8-quart XL model (OL601) for larger capacity. [11] Instant Pot with a separate air-fryer lid for buyers who prefer established competing multi-cookers. [4]

Sources